crude oil

Monday, November 6, 2023
Crude Oil Tanker MT Aegean Unity Transiting New Panama Canal Locks

Panama Canal Drought Risks Driving Away Large Oil Tankers

(Bloomberg) — Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by

November 6, 2023
Total Views: 5322

two tankers conduct ship-to-ship transfer

Iran Oil Flows Fell Sharply Last Month, Tanker Watchdog Says

By Alaric Nightingale (Bloomberg) — Iran’s oil exports dropped for a second month in October, data from a firm that analyzes satellite imagery of

November 6, 2023
Total Views: 1375

Tuesday, October 24, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

IEA Predicts Global Oil Demand Peaking This Decade

(Bloomberg) — Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing

October 24, 2023
Total Views: 1064

Sunday, October 8, 2023
Iranian crude oil supertanker "Delvar" is seen anchored off Singapore. REUTERS/Tim Chong

As Israel-Hamas War Rages, Oil Traders Focus On Iran

By Grant Smith Oct 8, 2023 (Bloomberg) –As oil traders prepare for the market to open after the sudden eruption of war in Israel, one question is

October 8, 2023
Total Views: 2476

Thursday, September 28, 2023
Exxon Barred From Trucking Oil From California Offshore Platform

Exxon Barred From Trucking Oil From California Offshore Platform

(Bloomberg) — Exxon Mobil Corp. won’t be able to revive oil platforms off the California coast by relying on trucks to ship crude to refineries on

September 28, 2023
Total Views: 3128

Wednesday, September 27, 2023
War Forces Grain and Oil to Travel Record Distances, UN Says

War Forces Grain and Oil to Travel Record Distances, UN Says

(Bloomberg) — Buyers are shipping grains and oil from further and further away after Russia’s invasion of Ukraine disrupted traditional trade routes.

September 27, 2023
Total Views: 552

Tuesday, September 26, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog

Mideast-Asia Tanker Rates Rebound, Capped by OPEC+ Supply Cuts

SINGAPORE, Sept 26 (Reuters) – The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a 19-month low

September 26, 2023
Total Views: 369

Saturday, September 16, 2023
A satellite image shows port facilities in the aftermath of the floods in Derna. Photo Maxar?Technologies/Handout via REUTERS.

Libya’s Oil Production Remains Unaffected By Deadly Floods

By Hatem Mohareb (Bloomberg) –Libya’s state oil company said there has been no disruption to crude output following a storm that unleashed deadly

September 16, 2023
Total Views: 848

Friday, September 1, 2023
lng carrier

Big Tech’s Poaching of Oil Patch Workers Threatens to Snarl U.S. Gas Export Boom

(Bloomberg) — Jose De Hoyos is recruiting in the oil patch. He got his start meeting workers in Pennsylvania’s Marcellus shale basin. This month,

September 1, 2023
Total Views: 2089

Thursday, August 31, 2023
Stock photo of an oil tanker at sea

Kazakhstan Diversifies Oil-Export Routes With Tanker Purchases

(Bloomberg) — Kazakhstan is buying tankers to ship its oil across across the Caspian and Black Seas, the latest sign that central Asia’s largest crude

August 31, 2023
Total Views: 1132

Tuesday, August 15, 2023
two tankers conduct ship-to-ship transfer

Russian Oil Switched Between Tankers Off Spanish Enclave After Four-Month Hiatus

(Bloomberg) — Russia’s flagship crude oil was switched between tankers off the coast of a Spanish enclave in north Africa after a four-month hiatus in

August 15, 2023
Total Views: 13763

Friday, July 21, 2023
Iran Denies Oil on Tanker Seized by Indonesia Belongs to Tehran

Iran Denies Oil on Tanker Seized by Indonesia Belongs to Tehran

DUBAI, July 21 (Reuters) – Iran‘s oil ministry said the oil cargo of an Iranian-flagged supertanker seized by Indonesia last week does not belong

July 21, 2023
Total Views: 5971

Sunday, July 16, 2023
Crew members check the deck of the Russian oil cargo Pure Point, carrying crude oil, anchored at a port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo

Oil Surge To $80 Shows Long-Awaited Market Tightening Is Here

By Grant Smith Jul 16, 2023 (Bloomberg) –Betting on a tighter oil market has been a bad trade for most of this year. But there are signs it’s

July 16, 2023
Total Views: 2440

Friday, April 21, 2023
two tankers conduct ship-to-ship transfer

Ship-to-Ship Transfers of US Crude to Impact Global Oil Benchmark Pricing

By Sherry Su and Sharon Cho (Bloomberg) — US crude transferred from bigger to smaller tankers will contribute to pricing of the world’s most important

April 21, 2023
Total Views: 7837

Saturday, March 25, 2023
shutterstock_403068616 tanker nigeria

Nigeria’s Unsold Crude Glut: What’s Behind It?

By Bill Lehane (Bloomberg) Nigeria is struggling to find buyers for its oil as strikes in the French refining sector and seasonal maintenance at plants

March 25, 2023
Total Views: 4493

Tuesday, March 7, 2023
An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022

Russia’s Crude Exports By Sea Slide as Lucrative Pacific Trade Declines

By Julian Lee (Bloomberg) — Russia’s seaborne crude exports fell back sharply from the previous weeks’ highs, with Moscow unable to

March 7, 2023
Total Views: 1767

Saturday, February 25, 2023
Venezuelan Crude Departs For Europe

Venezuelan Crude Departs For Europe

By Marianna Parraga HOUSTON, Feb 25 (Reuters) – A 655,000-barrel cargo of Venezuelan heavy crude chartered by a unit of Italy’s Eni

February 25, 2023
Total Views: 5311

Tuesday, February 14, 2023
Israel Becomes Oil Exporter with First Cargo Headed to Europe

Israel Becomes Oil Exporter with First Cargo Headed to Europe

By Alisa Odenheimer (Bloomberg) – Israel exported oil for the first time, sending a shipment to Europe from Energean Plc’s offshore Karish field.

February 14, 2023
Total Views: 4842

Sunday, February 12, 2023
China Oil Tankers In Port

China’s Oil Giants Want More Russian Crude

(Bloomberg) China’s state-owned oil refining giants are speeding up purchases of Russian crude, citing the allure of cheap cargoes from the OPEC+ producer

February 12, 2023
Total Views: 1419

Sunday, January 22, 2023
Iran Oil Exports To China Surge

Iran Oil Exports To China Surge

by  Ben Sharples (Bloomberg) Iran’s oil exports are surging, offering solace to both Tehran and a global market fretting over the prospect of sanctions

January 22, 2023
Total Views: 1048


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